Gitanjali Gems - Updates

Gitanjali Gems Ltd (CMP:Rs.256.20) has informed that in continuance to the Company's policy towards strategic acquisition, Company has acquired "B VIJAY RETAIL VENTURES PVT LTD" (BVRVPL) through wholly owned subsidiary Gitanjali Lifestyle Limited.Further the Company has informed that, the BVRVPL is engaged in the business of trading and retailing of gold, silver, precious metal and diamond studded jewellery."HooP" is one of he premium brand of BVRVPL".